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Thursday, May 1, 2025

Norway experiments with an ETH-based CBDC while Russia looks to clarify crypto regulations - Kitco NEWS

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(Kitco News) - The central bank of Norway has released the open source code for the country's new central bank digital currency (CBDC) sandbox, and curiously to some, the nation's new CBDC prototype infrastructure is based on Ethereum technology.
The sandbox is now publicly available on GitHub and is designed to "allow for the testing of basic token management use cases, including minting, burning and transferring ERC-20 tokens," according to a blog post from the Norges Bank's official CBDC partner Nahmii.
Along with deploying the appropriate smart contracts and access controls, the Norges Bank sandbox also includes a custom frontend and network monitoring tools like BlockScout and Grafana.
The frontend, designed to offer a clear and intuitive interface for interacting with the test network, also...



Read Full Story: https://www.kitco.com/news/2022-09-13/Norway-experiments-with-an-ETH-based-CB...

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